Sea|Jun 07, 2026 10:12
Last month, Brother Sun @justinsuntron and the Trump family’s @worldlibertyfi project filed lawsuits against each other, and the dispute has escalated again in recent days.
Here’s the gist: the exchange HTX, which is deeply tied to Brother Sun, claims that a related wallet was suddenly frozen by the WLFI project team.
HTX’s response: they delisted multiple WLFI and USD1 trading pairs, as well as USD1 financial products on the HTX exchange.
The point of contention is that HTX claims the frozen assets were legally purchased and held by regular users. For these users, HTX converted USD1 into USDT across the board to make it easier for them to withdraw.
On the other hand, last month, the UK added Huobi Global S.A.-related entities to its sanctions list, which led other exchanges (OKX, Bybit, Bitget, etc.) to tighten scrutiny on deposits coming from HTX, with some even rejecting them outright.
These two issues combined are putting real pressure on Brother Sun’s HTX operations.
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